SBA lending record
Ascent Entertainment Inc
1905 E PALMER ST, Compton, CA 90221 · Independent Artists, Writers, and Performers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$324K
Total SBA financing
3
Loans on record
FY2023–24
On record
10
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Ascent Entertainment Inc your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
All 3 loans
$123,500 — FY2024
Loan 1 of 3- Gross approval
- $123,500
- SBA guaranteed
- $104,975 (85%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 11.25% v
- Term
- 105 mo (9 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/3/2024
- First disbursement
- 5/1/2024
- Days to fund
- 28 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Independent Artists, Writers, and Performers
- NAICS code
- 711510
- Lender
- Readycap Lending, LLC
- Address
- 44010 Carolside Ave Apt B
- City
- Lancaster, 93535
- County
- Los Angeles
- SBA district office
- LOS ANGELES DISTRICT OFFICE
- Congressional district
- 8
$95,000 — FY2023
Loan 2 of 3- Gross approval
- $95,000
- SBA guaranteed
- $71,250 (75%)
- Status
- Cancelled
- Rate at approval
- 11.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/19/2023
- Collateral
- Required
- Jobs supported
- 4
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Independent Artists, Writers, and Performers
- NAICS code
- 711510
- Lender
- Readycap Lending, LLC
- Address
- 1905 E PALMER ST
- City
- Compton, 90221
- County
- Los Angeles
- SBA district office
- LOS ANGELES DISTRICT OFFICE
- Congressional district
- 40
$105,000 — FY2023
Loan 3 of 3- Gross approval
- $105,000
- SBA guaranteed
- $89,250 (85%)
- Status
- In liquidation
- Rate at approval
- 11.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/31/2023
- First disbursement
- 8/7/2023
- Days to fund
- 7 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 4
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Independent Artists, Writers, and Performers
- NAICS code
- 711510
- Address
- 1905 E PALMER ST
- City
- Compton, 90221
- County
- Los Angeles
- SBA district office
- LOS ANGELES DISTRICT OFFICE
- Congressional district
- 40
The lenders
Readycap Lending, LLC
2 loans to this businessFull SBA lending record + branches on the lender page →Newtek Bank, National Association
1 loan to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
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Agent summary
This page summarizes the public SBA 7(a) lending record for Ascent Entertainment Inc in Compton, CA (Independent Artists, Writers, and Performers). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 3 SBA 7(a) loans totaling $324K
- On record FY2023–24
- 10 jobs supported
- Industry: Independent Artists, Writers, and Performers
- Location: Compton, CA
- Lenders: Readycap Lending, LLC, Newtek Bank, National Association
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Independent Artists, Writers, and Performers businesses in CA for ~$108k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Ascent Entertainment Inc.